How Analysts Feel About Irhythm Technologies Inc (NASDAQ:IRTC) After Decrease in Sellers?

The stock of Irhythm Technologies Inc (NASDAQ:IRTC) registered a decrease of 6.05% in short interest. IRTC’s total short interest was 1.96 million shares in February as published by FINRA. Its down 6.05% from 2.08 million shares, reported previously. With 386,400 shares average volume, it will take short sellers 5 days to cover their IRTC’s short positions. The short interest to Irhythm Technologies Inc’s float is 9.03%.

The stock increased 7.38% or $6.22 during the last trading session, reaching $90.54. About 1.13 million shares traded or 233.01% up from the average. iRhythm Technologies, Inc. (NASDAQ:IRTC) has risen 37.91% since February 14, 2018 and is uptrending. It has outperformed by 37.91% the S&P500.

iRhythm Technologies, Inc., a digital healthcare company, focuses on the provision of ambulatory electrocardiogram, or ECG, monitoring for patients at risk for arrhythmias in the United States. The company has market cap of $2.19 billion. It offers ZIO Service, a platform that provides wearable biosensor with cloud data analytics that distill data from heartbeats into clinically actionable information. It currently has negative earnings.

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More notable recent iRhythm Technologies, Inc. (NASDAQ:IRTC) news were published by: Seekingalpha.com which released: “iRhythm Technologies: Looming Reimbursement Cut And Highly Motivated Competition Should Give Investors Palpitations – Seeking Alpha” on July 26, 2018, also Seekingalpha.com with their article: “IRhythm down 5% on FDA OK for Apple’s ECG and heart health apps – Seeking Alpha” published on September 12, 2018, Nasdaq.com published: “Nasdaq to Hold Fourth Quarter 2018 Investor Conference Call – Nasdaq” on December 28, 2018. More interesting news about iRhythm Technologies, Inc. (NASDAQ:IRTC) were released by: Fool.com and their article: “The Smartest People on Wall Street Are Buying These 3 Stocks. Should You Follow? – The Motley Fool” published on September 16, 2018 as well as Nasdaq.com‘s news article titled: “iRhythm Technologies to Present at the JP Morgan 37th Annual Healthcare Conference – Nasdaq” with publication date: December 19, 2018.

iRhythm Technologies, Inc. (NASDAQ:IRTC) Ratings Chart